Policy Archives

GAFI awards the golden license to 13 companies

GAFI, the General Authority for Investment and Free Zones, granted 13 firms the golden licenses, a new experiment aimed at improving the business climate in Egypt. The golden license is a single license granted to...

by Nouran Allam Feb 22, 2023

Policy

Egypt raises private employees minimum wage to EGP 2,700

Egypt’s National Wages Council (NWC) announced in its meeting headed by Dr. Hala El-Said, Minister of Planning and Economic Development;...

by WAYA Staff - Dec 29, 2022

Policy

IMF approves the 46-month $3 billion Egypt loan

IMF’s executive board approved the 46-month arrangement under the Extended Fund Facility (EFF) worth $3 billion. This decision enables an...

by WAYA Staff - Dec 18, 2022

Policy

Companies no longer need to meet a minimum capital requirement to get Egypt’s golden license

Egypt’s Cabinet approved a number of decisions related to facilitating the business environment and providing new facilities to investors and...

by WAYA Staff - Dec 8, 2022

Policy

The Egyptian Cabinet releases the regulations for the tax-free Egyptian expats car import law

The Egyptian Cabinet announced the executive regulations of the tax-free law for Egyptian expats to import cars for personal use....

by WAYA Staff - Nov 15, 2022

Policy

Egypt and IMF reach a $3 billion loan deal

Egypt and the IMF reached an agreement for a $3 billion loan for 46 months. “We are happy to announce...

by WAYA Staff - Oct 27, 2022

Policy

CBE raises interest rates by 2% and moves to a flexible exchange rate regime

CBE, The Central Bank of Egypt, announced today that it raised interest rates by 200 basis points in a monetary...

by WAYA Staff - Oct 27, 2022

Policy

Egyptian expats can now import new cars and get a tax refund

Egyptian Cabinet approved a new draft law allowing Egyptian expats and their families to have one personal-use vehicle imported to...

by WAYA Staff - Oct 13, 2022

Policy

GAFI awards the golden license to 13 companies

Egypt raises private employees minimum wage to EGP 2,700

IMF approves the 46-month $3 billion Egypt loan

Companies no longer need to meet a minimum capital requirement to get Egypt’s golden license

The Egyptian Cabinet releases the regulations for the tax-free Egyptian expats car import law

Egypt and IMF reach a $3 billion loan deal

CBE raises interest rates by 2% and moves to a flexible exchange rate regime

Egyptian expats can now import new cars and get a tax refund

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